Robinhood’s Crypto Volume Jumps 61% in August but Remains 38% Below Year‑Ago Levels

Robinhood reported a 61% month‑on‑month increase in crypto trading volume for August, reaching $17.5 billion. Despite the rise, the total remains 38% below the same month last year.

Breakdown of August Volume

According to the firm’s August 2026 operating report, Bitstamp contributed $10.1 billion, while the Robinhood app accounted for $7.4 billion of the total volume.

Bitstamp performance

• Volume rose 53% from July.
• Year‑on‑year volume fell 30%.

Robinhood app performance

• Volume increased 72% month‑on‑month.
• Year‑on‑year volume dropped 46%.

Quarterly Context

In Q2, Bitstamp generated $22 billion of Robinhood’s $40 billion total crypto volume, surpassing the $18 billion from the Robinhood app.

Revenue Impact

Crypto transaction revenue fell 38% year‑on‑year to $100 million in the second quarter, offset by growth in event contracts, options, and equities, which helped the broker post record quarterly revenue and earnings.

Crypto volume from the Robinhood Chain was excluded from these figures.